Real-time · AI · Cross-signal

Discover the power of real-time signals plus AI

Every funding round, exec hire, M&A move, contract, and sentiment shift on Nium — with verified, ICP-scored contact reveals (email + mobile) on demand.

Trusted by founders, sales teams, recruiters, and investors at firms like BlackRock, Oracle, Kleiner Perkins, and HubSpot.

See plans Book a 15-min walkthrough

▶

Watch the 2-minute tour · with sound

Nium raised $50M in Series E round led by a Southeast Asia sovereign wealth fund to expand its global network and capitalize on the $175T B2B payments market opportunity.

PRIVATEJun 05, 2024•almost 2 years ago

Amount Raised

$50 Million

Round Type

series e

SingaporeFinancial Services

Investors

Tribe CapitalNew View CapitalBond

Description

Nium has announced the successful completion of a Series E funding round, raising $50 million. The sovereign wealth fund from Southeast Asia led the round, joining other investors from prior funding rounds. The company plans to use the funds for accelerating growth in the B2B payments market, global network expansion, product innovation, talent acquisition, and M&A activity.

Company Information

Company

Nium

Location

85 2nd St

Singapore

About

The fintech startup said the fresh funding will be used to expand its network infrastructure, drive product development and purchase new technologies and companies. The capital will also be used for speeding up Nium's growth in the United States and Latin America, the company said. It processes $8 billion annually in payments and has issued more than 30 million virtual cards so far, the company said, adding that it saw a near four-fold increase in year-on-year revenue. Including the latest round, which also saw participation from Singapore's state investor Temasek Holdings, payments processor Visa Inc. and venture capital firm Vertex Ventures, Nium said it had raised nearly $300 million in capital so far.

Predictive Intelligence

Strategic

ML-powered predictions for Nium's next move

Learn about Strategic plan

Related People

Suggested for you

1 contact

Funding Insights

Based on industry data

VC-backed spending patterns

VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

Tech investment trends

83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

Watching Nium? See every signal — funding, hires, M&A, contracts, sentiment.

See plans